Why is Too Thin Coin not listed on the exchange (Too Thin Coin official website)
Why is Too Thin Coin not listed on the exchange? Editor\’s note: This article is
Why is Too Thin Coin not listed on the exchange? Editor’s note: This article is from BlockBeats (ID: BlockBeats), authorized by Odaily Planet Daily for reprint.
In the crypto industry, the position of exchanges is very important, such as OKEx, Huobi and other well-known digital currency trading platforms, which raise funds through ICO. For ordinary investors, exchanges can provide liquidity tools, which are still important. However, many users do not understand why they need to choose exchanges or even refuse to use them because they do not know how to keep their assets safe. Why isn’t Too Thin Coin listed on the exchange? What is Too Thin Coin? Let’s first look at the relationship between the exchange and the project party. Currently, the reason why domestic exchanges are relatively developed is because exchanges are relatively conservative about the attitude towards project parties. Also, since there are many publicly transparent tokens of star projects in the blockchain industry, most people do not believe who is behind these projects or companies and instead believe that this team is just a “manipulator”. Therefore, from the perspective of the exchange, it should be more inclined to make the actions of the project party compatible with the actual situation, rather than just doing things directly for speculation, after all, these project parties are also being watched by the exchange. (Image source: Coinmarketcap) Why isn’t Too Thin Coin on the exchange? If you want to become a true mainstream exchange, you must have a reliable and trustworthy source of information. Of course, the same goes for Bitcoin, but not for Ethereum because it is a pioneering product. It not only needs to solve the trust issue, but also involves regulatory risks. In addition, because there are various scams in the crypto world, once there are fraudulent behaviors, it will cause the entire market to collapse and bankrupt.
However, in this case, it does not mean that all projects will be listed on the exchange, but rather hope to obtain more user support in order to attract more customers into this field and create value for themselves. In fact, as long as you have a suitable application and wallet, you can achieve this goal and ensure that your trading system complies with local legal requirements and guarantees the security of transactions. It is only when the technology matures that it will truly start operating, which can be considered as the initial stage of success. On the other hand, although some companies have done some research, it affects their business models to some extent, making them simpler and easier to understand, which in turn provides greater development space.
Too Thin Coin Official Website
According to the news from the Too Thin Coin official website, Too Thin Coin is a decentralized digital currency based on blockchain technology, which realizes the anonymity, transaction transparency and value storage of encrypted assets through the issuance of tokens. It is reported that Too Thin Coin has completed community testing and public crowdfunding, and investment institutions including Sequoia Capital, distributed capital, etc. have participated, and has reached in-depth cooperation with multiple media. Too Thin Coin is an ERC20 protocol token based on Bitcoin.
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